JJL Property Investments LLC

05/08/2021

We are resuming business now that Covid restrictions have reduced. If you have or seen any properties for sale, let us know. Any condition is ok! We look forward to conducting business with you!

12/31/2020

Happy News Years to Everyone from JJL Property Investments LLC. We look forward to conducting business with you in 2021!

See our website for more info:

09/11/2020

https://www.instagram.com/p/B-sTr3AFP9M/?igshid=11oozvl822wi1

02/22/2020

Good stuff

02/21/2020

Don’t be like this guy!!! 😂

01/03/2020

Good info

12/31/2019

Happy New Years to Everyone! We look forward to conducting business with you in 2020! Let’s make 2020 a great year!!!

09/25/2019

Good info for all to understand!

Ready to take on your first or next investment property? It's time to calculate the maximum you can pay. The max you can invest is usually based on the MAO (maximum allowable offer) formula. This formula is where you take 70% of the ARV (after repair value which is the price you can sell the house for after you fix it up) minus the cost of the repairs needed.

Let's put this into an example: For a house that could sell for $100,000 fixed-up that needs $10,000 in repairs, the most you should pay would be $60,000 ($70,000 [70% of ARV] –$10,000 [cost of repairs]).

The 30% of value removed from the ARV includes your profit, holding and closing
costs. You can always be a little more conservative and go with 65% of ARV minus repairs.

09/25/2019

Sometimes 😇